Commercial Court Covid BI case set to impact composite policy interpretation

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Law firm says interpretation of ‘any one loss’ could have market-wide impact

The specialist London-based Commercial Court – a division of the UK’s High Court – has heard the latest stage in an ongoing business interruption (BI) insurance case brought by Bath Racecourse Company and others against Liberty Mutual Insurance Europe, Allianz Insurance and Aviva Insurance that has potential ramifications on the interpretation of composite policies.

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